KimchiCurry

BOLT all day

Even tax accountants are lost

Again this news ? until 2029 is the crypto law ?

I love that news. Let's see if it appears on the royal decree.

How is the taxation in Cambodia ?

DTV on the chopping block.

10-12% would be ideal but having 15% is fair. I can consider paying that instead of 25-30%. I can see myself living long term there with that taxation.

15% flat tax is pretty good for personal income. Increasing VAT will damage the low class though. Why not increase VAT depending on the products (electronics, foods, etc...). The increase of VAT from 7% to 10% must bring a <deleted> ton of money to be able to balance the decrease of corporate and personal income tax.

Go to the Elite Visa group on Facebook. Somebody just asked the question few days ago. Go there and read the pop up windows. https://ltr.boi.go.th/ It seems you can switch from any visas to LTR Visa BUT you cannot switch LTR to another type of visa.

You can switch from Elite to LTR without issue. I saw some post where people did that. Anyway, you can just take the DTV for cheap. But it's true, for people with money, elite is hassle free. Just pay and be done with the paperworks.

He is 35. He is been living in Singapore since he left uni. (26-27) He regrets not applying when he was 28 29. Didn't think he would stay long term. All of his "white" colleagues who are there for 5 years +. All getting rejected, but some malay + Chinese malay got accepted at his company after only 2-3 years. Damn. So marrying a local is the only way for "ang moh".

100%. Even IF (with a big if) the new tax lax get introduced, it will be just cost of business.

I know someone living there for 8 years, got rejected 2 times for PR. He is retrying again. If he get rejected, he is planning to move to another country. Actually many left because of that. He told me Ethnicity quota is harsh. Unfortunately, he is European. He feels enraged when he sees chinese mainland or malay chinese or indo chinese get PR just after 2 years... But I understand Singapore, such a small island, they must limit immigration.

High Skilled professional category only give you a flat tax of 17% if I read it correctly too ? 100%. Unless you have 20M+, it's quite risky to invest 500k in Thailand. Gamble can pay off if it can save 500k on taxation though. Anyway, If I had that kind of money, I would just invest big money in Singapore and get my PR there. Way more stable and safe.

Thailand being Thailand. There is no logic behind their actions. Tomorrow, there could have another coup. They could remove the LTR, DTV, Elite visa. Who knows. Even Top firm doesn't know s*it. LTR being the best visa for the time being. Things are never set in stone in Thailand.